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EXPLANATION:

Alliance is an approach in which two or more companies agree to pool their resources together to form a combined force in the marketplace. Unlike a merger, an alliance does not involve the emergence of a new combined entity. ... The joint venture is a very popular form of an alliance.

Answer:

Alliance is an approach in which two or more companies agree to pool their resources together to form a combined force in the marketplace. Unlike a merger, an alliance does not involve the emergence of a new combined entity. ... The joint venture is a very popular form of an alliance.

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